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The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile). </div>
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TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom last year.</div>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile). </div>
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TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom last year.</div>
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View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile). </div>
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The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile). </div>
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The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile).
TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom last year.
Issuing a press statement last Wednesday, TeliaSonera informed that it was going to sell these shares to the American company Zhodar Investment. The selling process of the shares will be completed within a month, stated the press release of the company.
“Over the past year, uncertainty regarding regulatory and legal environment for consolidation and granting of licenses in Nepal has increased. Pursuing an acquisition of Nepal Satellite is therefore not considered possible for regulatory reasons,” the statement read, adding that TeliaSonera incurred a loss of Rs 6.2billion with the sale.
TeliaSonera, the largest share-holder of mobile operator Ncell which is Nepal's largest mobile operator, has around 10 million subscriptions.
The company has said that the agreement will enable it to concentrate on Ncell, which reduces the business risk and complexity of its total involvement in Nepal.
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'description' => 'The multinational mobile service provider company TeliaSonera says it will be selling the shares of Nepal Satellite Telecom Pvt Ltd (Hello Mobile).',
'sortorder' => '1663',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1802',
'hit' => '444'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
